Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Baseball star Ohtani's ex-interpreter released on $25,000 bond, issues apology

Published 04/12/2024, 01:49 PM
Updated 04/13/2024, 07:36 PM
© Reuters. A general view of the Edward R. Roybal Federal Building and United States Courthouse, on the day Shohei Ohtani's former interpreter Ippei Mizuhara, who is charged with stealing more than 16 million dollars from the baseball star to cover gambling debts, i

By Steve Gorman and Omar Younis

LOS ANGELES (Reuters) -Japanese baseball great Shohei Ohtani's former interpreter was released on bond and apologized through a lawyer after appearing in court on a bank fraud charge accusing him of stealing $16 million from the Los Angeles Dodgers star to cover illegal gambling debts.

Ippei Mizuhara, 39, who surrendered to authorities earlier in the day, did not enter a plea during a 25-minute proceeding before a U.S. District Court magistrate judge in downtown Los Angeles. He was ordered to return for an arraignment on May 9.

But Mizuhara's attorney, Michael Freedman, issued a statement later Friday saying his client "wishes to apologize to Mr. Ohtani, the Dodgers, Major League Baseball and his family."

"He is continuing to cooperate with the legal process and is hopeful that he can reach an agreement with the government to resolve this case as quickly as possible so that he can take responsibility," Freedman said. The comment suggested Mizuhara was negotiating a plea deal with prosecutors.

The hearing came a day after prosecutors charged Mizuhara and publicly exonerated Ohtani in a case that had threatened to embroil the Dodgers, the MLB and a power-hitting pitcher regarded as a national hero in his home country.

"For me personally, this marks a break from this, and I'd like to focus on baseball," the Los Angeles Times quoted Ohtani as saying on Friday in his first public comments since his former interpreter was charged.

Mizuhara, dressed in a dark suit, said little during his hearing except to answer "yes" to a number of questions posed by the judge, Maria Audero. He was initially wearing ankle shackles, which were removed in court at his lawyer's request.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

GAMBLING ADDICTION TREATMENT ORDERED

Audero set bond at $25,000, saying he had no prior criminal record and with ties to the community was not considered a flight risk. But she ordered Mizuhara to undergo gambling addiction treatment and refrain from any contact with bookmakers or Ohtani.

Freedman described his client in court as eager to seek treatment for his gambling.

Under an agreement reached with prosecutors in advance, Mizuhara had turned himself over to law enforcement on Friday morning. He was freed from custody once processed for release following Friday's hearing, Freedman said.

A 36-page federal criminal complaint and affidavit filed on Thursday in federal court alleges that Mizuhara engaged in bank fraud by embezzling $16 million from an account of Ohtani's that Mizuhara had helped set up.

Mizuhara is accused of wiring the funds without Ohtani's knowledge to an illegal sports gambling operation.

U.S. Attorney E. Martin Estrada stressed on Thursday there was no evidence suggesting Ohtani, who signed a record $700 million, 10-year contract with the Dodgers this season, was anything but a victim in the case.

The outcome spared Ohtani, his team and the league a potential scandal of epic proportions, recalling the controversy stirred 35 years ago when Pete Rose was accused of gambling on baseball games while he played for and managed the Cincinnati Reds. Rose, banned from baseball for life in 1989, later admitted having bet on baseball and the Reds but insisted he never wagered against his team.

Ohtani, 29, whose talents as a slugger and a pitcher have earned him comparisons to Babe Ruth, told reporters at a March 25 press conference that he was "shocked" by the situation and had never bet on baseball or knowingly paid a bookmaker.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

He said then that he had been unaware of the allegations against his interpreter until they surfaced during the Dodgers' season-opening series in Seoul, South Korea last month, around the time that the team fired Mizuhara.

According to the federal affidavit, Mizuhara began gambling with an illegal sports book in late 2021 and losing substantial sums.

To cover his debts, Mizuhara impersonated Ohtani over the phone to "trick and deceive" bank employees into authorizing wire transfers from Ohtani's account, where the player's baseball salary was deposited, the affidavit said.

The investigation grew out of an ongoing, wider probe by the U.S. Internal Revenue Service and Department of Homeland Security into illegal sports gambling throughout Southern California and the laundering of those proceeds through casinos in Las Vegas.

Latest comments

Leg shackles for a guy with no criminal background for a white collar crime? Did Marth Stewart ever wear leg shackles?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.